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... are on the gold standard. Tho gold standard means a little more than this, howeven Under the Gold Standard Act of 1925 the Bank of England is pledged to sell gold bullion to any one who wants to buy it at the rate of £3 17s. per ounce troy. is pledged, ...
... Henderson to No. 10, Downing-street, during the week-end was with the sole object of discussing the Bill abolishing the gold standard, and that the conversation between the Prime Minister and the leader of the Opposition had no relation to the purely political ...
... 10 o'clock. The general feeling was one of relief that the £ sterling had not crashed, following the suspension of the gold standard. The Stock Exchange Committee met early to-day, and decided that the Exchange should be re-opened to-morrow. FLUCTUATIONS ...
... CONSERVATIVES STILL WANT « ELECTION. NATIONAL APPEAL? When the changed situation arising out the decision to 6uspend the gold standard came about over the week-end, one immediate reaction in certain quarters in touch with the Government was that the general ...
... possumus. Bays that - - - Campbell, the arffo d'Affairs in Paris, then informed government on Saturday that the n- the gold standard would be necessary. the suspension, Pertinax says, will British trade competition, and may J?Ore * an higher tariffs, and ...
... effect restoring confidence abroad, said Mr. Snowden in broadcast talk last night, explaining Britain's departure from gold standard. Britain's Budget is now the most securely balanced Budget the world, the Chancellor went on. Tho pound will not go the ...
... position of the country is as sound as ever. It should be realised that there is no similarity between abandoning the gold standard as the result of an abnormal international situation, but with a balanced Budget, good stocks of rawmaterials and food ...
... occasion any surprise in London, where the expectation was that in the first shock of the news that wo had gone off the gold standard the rates of exchange would show a still heavier drop. There ia, of course, intense curiosity and concern to see what will ...